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    706 - 438 Richmond Street W

    For RentThe Morgan
    $3,300/mth
    2 Beds
    2 Bath
    1 Parking
    847 SQFT
    Just Listed
    Est Lease Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Possession Date:
    Immediately
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Water
    Parking
    Excluded
    Hydro
    Air Conditioning

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Laminate, Open Concept, Walkout To Balcony
    16.67 x 9.74ft
    Dining
    Laminate, Combined with Living, Walkout To Balcony
    16.67 x 9.74ft
    Kitchen
    Tile Floor, Stone Counter, Stainless Steel Appliances
    8.01 x 8.33ft

    About this Listing

    The Morgan! Large and bright, split plan 2 bed 2 bath in highly sought after building at Queen & Spadina. Features large open kitchen with breakfast bar and stainless appliances, generous primary bedroom with full 4 pc ensuite and oversized closets, full 4 piece main bath, ensuite laundry, and covered balcony offering stunning city views. Includes all utilities, locker and parking. Steps to downtown's best entertainment, top shops, renown restaurants and amenities, including the upcoming Ontario Line station of Queen and Spadina.

    ExtrasBuilding offers Visitor parking, full 24 hour concierge, gym, rooftop Excellent location, Starbucks in building, minutes to the Gardiner, steps to TTC, and walkscore of 100!

    wallace taylor realty inc.MLS® #C8273980


    Amenities

    Security System
    Party Room
    Concierge
    Sauna
    Indoor Parking
    Gym Room

    Nearby Amenities

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at The Morgan spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    The Morgan offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    The Morgan has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    The Morgan yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    The Morgan is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 438 Richmond Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$470,000$570,000 - $644,000No Data$725,000 - $835,000No DataNo Data
    Avg. Cost Per Sqft$1,070$953No Data$924No DataNo Data
    Avg. Wait for Unit Availability293 Days106 Days127 Days93 Days744 DaysNo Data
    Ratio of Units in Building10%33%24%31%3%2%

    Maintenance Fees

    The Morgan vs The Queen West Area

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